The Performance of Pharma and Biotechnology Clusters in Tamil Nadu

By : E. Bhaskaran

Page No: 387-398

Abstract
A few Chennai-based micro and small enterprises manufacturing steel products faced a few issues with reference to value addition in the pharma products manufactured by them. The Special Purpose Vehicle (SPV) approached the Government of Tamil Nadu (GoTN) and the Government of India (GoI) through the Tamil Nadu Small Industries Development Corporation (TANSIDCO) and formed a cluster at Alathur Pharma, SIDCO Industrial Estate, Chennai for the installation of a Common Effluent Treatment Plant. The objective is to examine the physical and financial performance of the Pharma clusters, and ascertain the productivity of the cluster by analyzing independent variables like No. of Units, Employment and Production, and dependent variables like Exports. The methodology adopted for this study consists of collecting primary data like no. of units [Un], employment in no’s [En], production in crores [Pc] and exports in crores [Ec], and its analysis using tools such as Compound Annual Growth Rate (CAGR), Descriptive Analysis, Correlation Analysis, Trend Analysis, Regression Analysis, Structural Equation Modelling, and Value Chain Analysis. There is an increase in the number of units, employment, production, and exports after adopting the Cluster Development Approach, leading to an increase in productivity, which is expected to continue well into the future.

Author :
E. Bhaskaran
Joint Director (Engineering), Department of Industries and Commerce, Government of Tamil Nadu, Guindy, Chennai, Tamil Nadu, India.
 

DOI: https://doi.org/10.32381/PROD.2022.62.04.5